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Tuesday, March 22, 2016

TEACHERS' PENSION FUNDS INVESTED IN PEARSON?

PEARSON SHAREHOLDER FORUM: March 22, 2016 :: AFT President Randi Weingarten will
address a Pearson shareholder forum today organized by the union to
learn about an investor initiative that it says will "tackle the
company's flawed business strategy." [http://bit.ly/1S0ComT
] Union members have a stake in the education company it often rails
against because many members have pension funds invested in it.

- Pearson defended its business practices. [http://bit.ly/1ZmclvQ]
"Given that nearly half of our employees are educators and, as
passionate advocates for teachers, we are surprised and disappointed at
the AFT's continued criticism of Pearson." A resolution AFT supports is
expected to be heard at Pearson's annual meeting in London next month
and will be discussed at the forum, which starts at 4 p.m. ET.

Why Should You Attend this Event?

Pearson is a company facing significant challenges. Its share price
has declined by over 40% since last year’s AGM, and in January issued
its second profits warning in three months, and its fourth under the
current chief executive. In response to this crisis the board has
announced a restructuring that will result in significant jobs cuts.
However, shareholders should be concerned that this short-term gamble
will not address the deeper structural problems in its main market, the
US, resulting from the positions it has taken in relation to the
education system.
Therefore Pearson shareholders are invited to a meeting organized by
the American Federation of Teachers to learn about an important investor
initiative to tackle the company’s flawed business strategy.Speakers will include:

Randi Weingarten, President, American Federation of Teachers

A large public pension fund and Pearson shareowner

A leading academic who has studied Pearson’s strategy

A concerned parent

- See more at: http://pearson.aft.org/events/join-us-pearson-shareholder-forum#sthash.z2KcaIBE.dpuf

Pearson is a company facing
significant challenges. Its share price has declined by over 40% since last
year’s AGM, and in January issued its second profits warning in three months,
and its fourth under the current chief executive. In response to this crisis
the board has announced a restructuring that will result in significant jobs cuts.

However, shareholders should be
concerned that this short-term gamble will not address the deeper structural
problems in its main market, the US, resulting from the positions it has taken
in relation to the education system.

Therefore Pearson shareholders are
invited to a meeting organized by the American Federation of Teachers to learn
about an important investor initiative to tackle the company’s flawed business
strategy.

Speakers will include:

Randi Weingarten, President, American Federation of
Teachers

A large public pension fund and Pearson shareowner

A leading academic who has studied Pearson’s strategy

A concerned parent

PEARSON SHAREHOLDERS RESOLUTION

Requisition by members pursuant to section 338 Companies Act
2006 for notice of a resolution as set out below, to be voted on at the 2016
Annual General Meeting of Pearson PLC, and for circulation of a statement in
support of that Resolution pursuant to section 314 Companies Act 2006.

To the Company Secretary, Pearson PLC:

We the undersigned, being 100 members holding shares in the
Company on which there has been paid up an average sum, per member, of not less
than £100 per member,

Hereby require you, in accordance with section 314 of the
Companies Act 2006, to give to members of the Company entitled to receive
notice of the next Annual General Meeting notice of the following resolution,
being a resolution that may properly be moved and is intended to be moved at
that meeting, and to circulate to members receiving that notice a copy of the
annexed statement with respect to the matters referred to in that resolution:

The Resolution:

THAT the Board of Directors of Pearson PLC immediately
conduct a thorough business strategy review of Pearson PLC including education
commericalization and its support of high stakes testing and low-fee private
schools and to report to shareholders within six months.

Supporting Statement:

Request for a business strategy review of Pearson PLC's
current efforts in education commericailization

We believe that Pearson PLC ("Pearson" or the
"Company") is suffering a crisis of confidence precipitated by a
confused business strategy. The evidence is presented by our reaction to the share
price, which at the last Annual General Membership Meeting (AGM) held on 24
April 2015, was trading at approximately $20.68. On 15 December 2015, Pearson
stock sold for roughly $10.70.

This represents a drop in price of over 40% in only seven
months.This significant drop in share
price calls into question the board’s efforts to address the lack of confidence
in the Company.

We believe that the current strategic business plan has
failed to produce the profits or the potential for profits that investors need.
Therefore, it is time that Pearson conducts a business strategy review.

Why Should You Attend this Event?

Pearson is a company facing significant challenges. Its share price
has declined by over 40% since last year’s AGM, and in January issued
its second profits warning in three months, and its fourth under the
current chief executive. In response to this crisis the board has
announced a restructuring that will result in significant jobs cuts.
However, shareholders should be concerned that this short-term gamble
will not address the deeper structural problems in its main market, the
US, resulting from the positions it has taken in relation to the
education system.
Therefore Pearson shareholders are invited to a meeting organized by
the American Federation of Teachers to learn about an important investor
initiative to tackle the company’s flawed business strategy.Speakers will include:

Randi Weingarten, President, American Federation of Teachers

A large public pension fund and Pearson shareowner

A leading academic who has studied Pearson’s strategy

A concerned parent

- See more at: http://pearson.aft.org/events/join-us-pearson-shareholder-forum#sthash.z2KcaIBE.dpuf

Why Should You Attend this Event?

Pearson is a company facing significant challenges. Its share price
has declined by over 40% since last year’s AGM, and in January issued
its second profits warning in three months, and its fourth under the
current chief executive. In response to this crisis the board has
announced a restructuring that will result in significant jobs cuts.
However, shareholders should be concerned that this short-term gamble
will not address the deeper structural problems in its main market, the
US, resulting from the positions it has taken in relation to the
education system.
Therefore Pearson shareholders are invited to a meeting organized by
the American Federation of Teachers to learn about an important investor
initiative to tackle the company’s flawed business strategy.Speakers will include:

Randi Weingarten, President, American Federation of Teachers

A large public pension fund and Pearson shareowner

A leading academic who has studied Pearson’s strategy

A concerned parent

- See more at: http://pearson.aft.org/events/join-us-pearson-shareholder-forum#sthash.z2KcaIBE.dpuf

Why Should You Attend this Event?

Pearson is a company facing significant challenges. Its share price
has declined by over 40% since last year’s AGM, and in January issued
its second profits warning in three months, and its fourth under the
current chief executive. In response to this crisis the board has
announced a restructuring that will result in significant jobs cuts.
However, shareholders should be concerned that this short-term gamble
will not address the deeper structural problems in its main market, the
US, resulting from the positions it has taken in relation to the
education system.
Therefore Pearson shareholders are invited to a meeting organized by
the American Federation of Teachers to learn about an important investor
initiative to tackle the company’s flawed business strategy.Speakers will include:

Randi Weingarten, President, American Federation of Teachers

A large public pension fund and Pearson shareowner

A leading academic who has studied Pearson’s strategy

A concerned parent

- See more at: http://pearson.aft.org/events/join-us-pearson-shareholder-forum#sthash.z2KcaIBE.dpuf